Short Interest in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Decreases By 9.2%

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 27,600 shares, a decline of 9.2% from the March 15th total of 30,400 shares. Based on an average daily volume of 23,000 shares, the short-interest ratio is currently 1.2 days.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSJT traded up $0.01 during midday trading on Tuesday, hitting $20.75. 27,131 shares of the stock traded hands, compared to its average volume of 22,837. The business’s 50 day moving average is $21.10 and its two-hundred day moving average is $20.70. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a one year low of $19.29 and a one year high of $21.38.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.1146 per share. This represents a $1.38 annualized dividend and a dividend yield of 6.63%. The ex-dividend date was Monday, March 18th.

Hedge Funds Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. bought a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the fourth quarter valued at about $29,000. JPMorgan Chase & Co. bought a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the first quarter valued at about $32,000. Bank of America Corp DE bought a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the fourth quarter valued at about $40,000. Capital Analysts LLC purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the fourth quarter valued at about $43,000. Finally, Advisor Group Holdings Inc. purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the first quarter valued at about $75,000.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield corporate bonds with effective maturities in 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.